Alphabet Inc. has overtaken Apple Inc. to become the second-most valuable company by market capitalization, a reflection of how the Google parent has emerged as one of the most significant winners of artificial intelligence. Shares of Alphabet rose 2.4% on Wednesday, closing with a valuation of $3.89 trillion. That allowed it to surpass Apple, which closed with a market cap of $3.85 trillion on Wednesday, following a six-day slump that erased nearly 5% and almost $200 billion off its value.
"Our customers don't live in front of a laptop day in and day out; they live in the dirt," Hootman said. "The ability to get the insights and take the action that they need while they're doing the work is very important to them."
Beyond speeding chip development, Nvidia and Siemens are aiming to create digital facsimiles, from chips to entire racks, to test their function before they're built. "What we are hoping for, and the reason why we're partnering so closely together, is so that we could build that Vera Rubin in the future as a digital twin," Nvidia CEO Jensen Huang said today at the Siemens keynote.
CEO Jensen Huang showed off Cosmos, an AI foundation model trained on massive datasets, capable of simulating environments governed by actual physics. He also announced Alpamayo, an AI model specifically designed for autonomous driving. Huang revealed that Nvidia's next generation AI superchip platform, dubbed Vera Rubin, is in full production, and that Nvidia has a new partnership with Siemens. All of this shows Nvidia is going to fight increased competition to retain its reputation as the backbone of the AI industry.
Last night, the AI semiconductor chip leader announced it wants to use its "Drive AGX Thor" chips and "Drive AV" autonomous vehicle software to enable Level 4 autonomous driving in robotaxi fleets. (Level 4 autonomy encompasses entirely autonomous driving by the car, without human assistance, within pre-determined areas). Nvidia expects its tech to be ready for widescale deployment in 2027. Mercedes-Benz plans to unveil a robotaxi powered by Nvidia tech later this year.
According to Wccftech, Nvidia is reportedly on the verge of resuming production on its budget-friendly GeForce RTX 3060 GPUs to combat the ongoing shortage of RAM being caused by an uptick in development on AI technologies and the increasing prices of memory. According to a post they made early on January 5, Nvidia seems poised to bring back the RTX 3060 in the first quarter of 2026.
And while he's raised some intriguing bear points (such as the GPU depreciation schedule and other accounting practices that might be a bit on the aggressive side) about the big tech innovators, which seem to be going all-in on the AI boom, I'm not so sure such finer details matter as much in the grander scheme of things, provided the AI revolution lives up to the high ROI hopes.
It seems quite risky to place a bet on either Palantir ( NASDAQ:PLTR) or Nvidia ( NASDAQ:NVDA) moving forward, given valuations and the high stakes, as investors fear and dread an AI bubble bust. Undoubtedly, Michael Burry has bearish bets against both AI darlings. But he's got more exposure to Palantir puts than Nvidia, likely because of the even hotter valuation and the potential for coming quarters to fall well short of expectations.
As one of the most powerful growth stocks we've seen in generations, Nvidia ( NASDAQ:NVDA) has probably minted more millionaires than any other stock in recent history. Indeed, this company's 23,500% return over the past decade is one that would have allowed investors who bought this stock ten years ago to 235x their money over that time frame.
Over the past three years, stock has climbed by over 1,200% to dizzyingly high levels. It is now the most valuable company in the world and has a $4.63 trillion market capitalization. However, Nvidia is actually cheaper today than it was back then. Investors were proactive for a brief period in early 2023 as the stock went explosive, and many didn't wish to miss the train. Since then, the rally has turned more reactive. The stock price has been following Nvidia's earnings, so the premium paid for the stock has been shrinking.
Nvidia ( NASDAQ:NVDA ) has become the face of the AI revolution. Its graphics processing units have powered the breakthrough advances in generative AI, enabling applications from chatbots to image generation and beyond. As a result, the company has experienced enormous growth, reaching a market capitalization of $4.6 trillion. Analysts and investors remain focused on growing competition in the AI chip market, where Nvidia faces pressure to continue advancing new, more powerful chips to stay ahead.
The markets are looking to clinch a winning week as they eye the final stretch of 2025. As things stand, all three of the major stock market averages are little changed while the CBOE volatility index is up approximately 4.7% on the day. With the exception of Nvidia ( Nasdaq: NVDA), which is tacking on almost 2% on a new deal development, Big Tech stocks are aimless. The Nasdaq Composite is looking at a 22.1% gain for the year.
Well, that actually is a better segue to this next chart I was going to show you than I thought it would be, which is there's some suspicions going around that this whole thing has become a kind of circular money machine, that the hunt for growth, the hunt for justifying share prices and investment and valuations is leading to just money constantly passing hands to create the almost appearance of activity.
An office building in North San Jose gains new purpose as Nvidia transforms it into a data center. The company began leasing the nearly 100,000-square-foot property at 300 Holger Way late last year. Owned by a Menlo Equities affiliate, the site undergoes exterior renovations now, with full data center work set to start in December 2026 and finish by July 2027.
Fueling upside, Nvidia ( NASDAQ: NVDA) is racing even higher after Reuters said the company was looking to start shipments of its H200 chips to China early next year. "The report, which cited people familiar with the matter, said that the shipments are anticipated to total between 5,000 and 10,000 chip modules, or approximately 40,000 to 80,000 of H200 chips, added CNBC."
Another holiday-shortened trading week begins today, and the Vanguard S&P 500 ETF ( NYSEMKT: VOO) is feeling the Christmas spirit. The ETF opened up 0.6% Monday. Helping to fuel the rally is again Nvidia ( Nasdaq: NVDA), which plans to begin shipments of its H200 AI chip to China in February. Initial orders are said to total anywhere from 40,000 to 80,000 H200 chips.
After dipping below its 50-day moving average, shares of Nvidia ( NASDAQ: NVDA) are just starting to regain some lost momentum. Up about $2 in premarket, it's oversold at triple bottom support dating back to September. From its last traded price of $174.14, we'd like to see NVDA initially retest $200. Not only is Nvidia still riding Micron's earnings and guidance, but it's also still riding a Barclays upgrade to a buy rating thanks to the likelihood of further AI spending. "We are OW as the company has long-term sustainable growth led by a large lead in GPUs for AI in DC, with further Edge opportunities (autos, robots, etc.) and a competitive moat around a large portion of the market," said the firm, as quoted by CNBC.
